en-gbCopyright 2013, BusinessLifenotifications@businesslife.co (BusinessLife)notifications@businesslife.co (BusinessLife)http://businesslife.co/http://www.businesslife.co/Thu, 23 May 2013 00:00:00 +0100Thu, 23 May 2013 00:00:00 +0100http://www.businesslife.co/BusinessNews.aspx?id=panel-says-uncertainty-and-lack-of-clarity-are-hallmarks-of-the-aifmdhttp://www.businesslife.co/BusinessNews.aspx?id=panel-says-uncertainty-and-lack-of-clarity-are-hallmarks-of-the-aifmdThu, 23 May 2013 22:07:29 +0100There remain significant unanswered questions surrounding the implementation of the Alternative Investment Fund Managers’ Directive (AIFMD), an audience of fund specialists was told. A panel of experts from Guernsey and London shed light on topics ranging from delegation and marketing to the remuneration rules at an event in the City of London. Ben Morgan, a partner at offshore law firm Carey Olsen, said that Guernsey ultimately offered “optionality and flexibility". He said: “We are still se...http://www.businesslife.co/BusinessNews.aspx?id=mourant-ozannes-retains-exclusive-lex-mundi-membershiphttp://www.businesslife.co/BusinessNews.aspx?id=mourant-ozannes-retains-exclusive-lex-mundi-membershipThu, 23 May 2013 21:45:18 +0100Mourant Ozannes Jersey office has retained its ranking as one of the world’s premier independent law firms following a review by Lex Mundi. Lex Mundi is the world’s leading network of premier independent law firms, providing access to in excess of 21,000 lawyers with in-depth experience in more than 100 countries worldwide. Mourant Ozannes is the exclusive member of the Lex Mundi network in Jersey and Guernsey. Lex Mundi conducts a thorough review of its members every six years to ensure they...http://www.businesslife.co/BusinessNews.aspx?id=the-inn-launches-new-responsive-websitehttp://www.businesslife.co/BusinessNews.aspx?id=the-inn-launches-new-responsive-websiteThu, 23 May 2013 14:50:02 +0100THE INN Hotel, Restaurant & Bar is very proud to have launched it’s new fully responsive re-designed website, being one of the first hotels in Jersey to adopt this advanced technology. The fresh new website www.theinnjersey.com has been developed to respond to the user’s viewing device, whether it be via smart phone, tablet, laptop or smart TV. With more consumers accessing the internet through sources other than the traditional computer, this technology optimizes viewing by adapting to ...http://www.businesslife.co/BusinessNews.aspx?id=policy-council-response-to-the-flybe-announcement-on-gatwick-slotshttp://www.businesslife.co/BusinessNews.aspx?id=policy-council-response-to-the-flybe-announcement-on-gatwick-slotsThu, 23 May 2013 12:59:37 +0100Chief Minister Deputy Peter Harwood said: "Having been well-trailed in the media, Flybe's announcement does not come as a surprise. I know that both Treasury & Resources, as the shareholder in Aurigny, and the External Transport Group, Chaired by Deputy Paul Luxon, have been considering the opportunities and challenges that will be presented by this development." Deputy Paul Luxon, Minister for the Public Services Department and Chair of the External Transport Group, said: "The March 20...http://www.businesslife.co/BusinessNews.aspx?id=gavin-st-pier-speaks-on-the-importance-of-demystifying-change-at-greenlight-seminarhttp://www.businesslife.co/BusinessNews.aspx?id=gavin-st-pier-speaks-on-the-importance-of-demystifying-change-at-greenlight-seminarThu, 23 May 2013 12:50:28 +0100Speaking today at a breakfast event hosted by business transformation specialist, Greenlight, Treasury & Resources Minister Gavin St Pier highlighted the importance of effective change management in the shaping of Guernsey’s future. He commented on his experiences of change management both in his role as political champion for the Financial Transformation Programme (FTP) and in the broader business world.Deputy St Pier said, “Change management is still often seen as a complicated, feared ...http://www.businesslife.co/BusinessNews.aspx?id=jersey-house-prices-rise-but-turnover-fallshttp://www.businesslife.co/BusinessNews.aspx?id=jersey-house-prices-rise-but-turnover-fallsThu, 23 May 2013 11:38:30 +0100Jersey’s latest House Price index is a mixed bag, with what seems like evidence of a slight recovery in the market with house prices rising for most property types, but the drop in the number of property transactions by a third on the previous quarter seems to contradict this. Director of Lending at Skipton International, Nigel Pascoe (pictured) said it was disappointing to see the small increase in turnover in the last quarter has been replaced with a large decline: ‘The figures show that it...http://www.businesslife.co/BusinessNews.aspx?id=fairway-group-announce-mark-grenyer-appointmenthttp://www.businesslife.co/BusinessNews.aspx?id=fairway-group-announce-mark-grenyer-appointmentThu, 23 May 2013 11:31:19 +0100Due to the continued expansion of our fund services business, Mark Grenyer (pictured) has been appointed as Director of Fairway Fund Services Limited, to provide additional fund specific focus to the Fairway Group. Fairway’s fund administration clients are typically at the boutique end of the fund services spectrum, principally looking at private equity and real estate asset classes using very private, unregulated or private placement funds. Mark started in the funds industry in 2001 and his...http://www.businesslife.co/BusinessNews.aspx?id=jersey-airport-response-to-flybe-announcementhttp://www.businesslife.co/BusinessNews.aspx?id=jersey-airport-response-to-flybe-announcementThu, 23 May 2013 09:22:48 +0100The following is a statement by Doug Bannister (pictured), Group CEO for Ports of Jersey in relation to the announcement made earlier today that Flybe has sold its Gatwick slots to easyJet as from 29 March 2014. ‘Jersey Airport was formerly advised earlier this morning of Flybe’s sale of its London Gatwick slots to easyJet, with the resultant effect of withdrawing its London Gatwick services as from 29 March 2014. While we are disappointed by today’s announcement we understand the rationale ...http://www.businesslife.co/BusinessNews.aspx?id=jersey-innovation-fund-chairman-required-for-new-independent-boardhttp://www.businesslife.co/BusinessNews.aspx?id=jersey-innovation-fund-chairman-required-for-new-independent-boardWed, 22 May 2013 15:40:02 +0100Economic Development has started a recruitment campaign for the chairman of an independent board that will oversee the Jersey Innovation Fund. The Government’s commitment to this initiative was recently confirmed when the States approved an initial capital injection of £5 million pounds. The Jersey Innovation Fund is an important element of the States of Jersey strategy to deliver growth and diversification in the local economy by supporting investment into original projects and business id...http://www.businesslife.co/BusinessNews.aspx?id=liquid-shortlisted-eight-times-in-uk-pr-awardshttp://www.businesslife.co/BusinessNews.aspx?id=liquid-shortlisted-eight-times-in-uk-pr-awardsWed, 22 May 2013 15:27:30 +0100Communications consultancy, Liquid, has been shortlisted eight times in the national Public Relations Consultants Association DARE awards. Campaigns being considered for these awards include those for leading independent trust company, Hawksford, pro bono public relations activity for Les Bourgs Hospice in Guernsey and campaigns in the education sector throughout the UK. Liquid’s work has been shortlisted in five categories and in three of the five national regions. ‘We are delighted that str...http://www.businesslife.co/BusinessNews.aspx?id=arc-appoints-paul-meader-to-head-new-aifmd-focused-divisionhttp://www.businesslife.co/BusinessNews.aspx?id=arc-appoints-paul-meader-to-head-new-aifmd-focused-divisionWed, 22 May 2013 15:10:01 +0100Asset Risk Consultants (ARC) has appointed Paul Meader (pictured), an experienced and high profile portfolio manager, to launch the firm’s new fund solutions division. ARC has been providing risk management reporting to trustees and institutions for almost 20 years and the appointment of Mr Meader strengthens the company’s offering in the funds sector. Changes to international regulations, such as the EU Alternative Investment Fund Managers Directive (AIFMD), have heightened the need for sop...http://www.businesslife.co/BusinessNews.aspx?id=pwc-survey-illustrates-importance-of-evolving-career-attitudes-for-channel-islands-businesseshttp://www.businesslife.co/BusinessNews.aspx?id=pwc-survey-illustrates-importance-of-evolving-career-attitudes-for-channel-islands-businessesWed, 22 May 2013 15:02:52 +0100Businesses in the Channel Islands need to adapt their recruitment and retention strategies to align themselves with the changing attitudes of a new emerging workforce, according to a study completed recently by PwC. PwC’s ‘NexGen’ survey highlights that the ‘millennial’ generation of workers (those born between 1980 and 1995) would choose workplace flexibility, work-life balance and the opportunity for overseas assignments over financial rewards, something that Evelyn Brady, Partner at PwC C...http://www.businesslife.co/BusinessNews.aspx?id=bedell-cristin-named-international-law-firm-of-the-yearhttp://www.businesslife.co/BusinessNews.aspx?id=bedell-cristin-named-international-law-firm-of-the-yearWed, 22 May 2013 11:27:38 +0100Bedell Cristin has been named ‘International Law Firm of the Year’ in the Citywealth Magic Circle Awards 2013. Anthony Dessain, senior partner at Bedell Cristin, was presented with the Award by broadcaster Andrew Neil at a black tie event in London on Thursday 16th May. The event was attended by nearly 400 leading lawyers, wealth managers and private client advisers. Now firmly established in the wealth calendar having been launched seven years ago, the Awards are designed to recognise the a...http://www.businesslife.co/BusinessNews.aspx?id=new-relationship-director-for-lloyds-tsbhttp://www.businesslife.co/BusinessNews.aspx?id=new-relationship-director-for-lloyds-tsbWed, 22 May 2013 09:39:41 +0100Lloyds TSB is strengthening its corporate team with the appointment of a new relationship director.Justin Snoxell brings with him 25 years’ experience in banking, all with the Lloyds Banking Group.‘Justin will be responsible for some of our larger and more complex relationships across the Channel Islands and the Isle of Man as well as generating new business opportunities. He has extensive experience within the corporate banking sector and will strengthen the offering we have in this area,’ s...http://www.businesslife.co/BusinessNews.aspx?id=new-chief-executive-to-join-hawksford-in-2014http://www.businesslife.co/BusinessNews.aspx?id=new-chief-executive-to-join-hawksford-in-2014Wed, 22 May 2013 08:33:15 +0100Maxine Rawlins, a partner at Ernst & Young, will take on the role of chief executive of Hawksford, in 2014 when the incumbent chief executive, Peter Murley, retires. A partner at Ernst & Young in Jersey, Mrs Rawlins currently leads the Channel Islands Tax Practice and is Head of EMEA Asset Management Tax. Prior to this, she was chief executive of Maples Finance, an international trust business headquartered in the Cayman Islands. During this time she drove the significant growth of the busine...